🚨
$TAO DUMP IMMINENT! BEARS ARE BACK IN CONTROL! 🚨
⚠️ WARNING: The 1H bounce is DEAD.
$TAO is trapped under major MAs and momentum is fading FAST. This is not a reversal; it's bearish fuel loading up for the next leg down.
👉 Key signal: Breakdown below the 1H EMA50 confirms the short-term relief rally is OVER.
Zone of interest: 282.60 – 284.03 📉
Downside reference 1: 280.45
Downside reference 2: 277.58
Downside reference 3: 274.71
Invalidity zone (structure breaks): 286.18 🛑
Higher timeframe trend dominates. Get ready for the drop. DO NOT get caught holding bags here. Market watching mode ON. 👀🔥
#TAO #CryptoAlpha #BearMarket #ShortSqueeze